Power REIT (PW)

O firmie

Power REIT is a real estate investment trust (REIT) that owns real estate assets related to infrastructure assets, including properties for controlled Environment Agriculture (CEA), Renewable Energy and Transportation. Its portfolio includes greenhouses leased for the production of medical cannabis, ground leases underlying utility scale solar farms and a railroad asset. The Trust is structured as a holding company and owns its assets through its subsidiaries. Its assets consist of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary Pittsburgh & West Virginia Railroad, approximately 600 acres of land leased to various utility-scale solar power generating projects with an aggregate generating capacity of approximately 107 megawatts. It also owns six CEA properties in southern Colorado and Maine with a total of approximately 131,000 square feet of greenhouse and processing space that are leased to medical cannabis operators.